The market data from 7 similar recent sales in KENSINGTON PLACE points to a value of approximately $268,302. To sell within a reasonable timeframe at fair market value, the $260,000 to $276,000 range is where I'd position this. Against 7 similar active listings in KENSINGTON PLACE, this price point lands at the most affordable of 7 comparable homes on the market. With 7 similar homes currently listed in KENSINGTON PLACE (a balanced market), competition is a factor to consider. In KENSINGTON PLACE, home values have risen approximately 20.6% over the past 6 months. One of the strongest data points is 809 Windsor RD, Round Rock TX 78664, adjusting to $262,584; a strong comparable. 7 comparable transactions in KENSINGTON PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group